Mizuho Reiterates Buy on Adobe, Maintains $680 Price Target
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Gregg Moskowitz has reiterated a Buy rating on Adobe (NASDAQ:ADBE) and maintained a price target of $680. This reaffirms Mizuho's positive outlook on Adobe's stock.
March 27, 2024 | 5:27 pm
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Mizuho analyst Gregg Moskowitz reiterates a Buy rating on Adobe, maintaining a $680 price target, indicating a positive outlook on the stock.
The reiteration of a Buy rating and the maintenance of a high price target by a reputable analyst like Gregg Moskowitz from Mizuho can have a positive impact on investor sentiment towards Adobe. This endorsement reaffirms confidence in Adobe's future performance and growth prospects, likely leading to a positive short-term impact on its stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100